Thursday September 19-th, 2019

'We want to do a deal' 'We want to do a deal'

This is an abuse of power that can and should be stopped. "We are working together now on serious ways that we can change the current agreement, get out of that mistake and do a deal". The Prime Minister is shutting down Parliament with the sole ai...

Q1 GDP growth at 5%, lowest in 25 quarters Q1 GDP growth at 5%, lowest in 25 quarters

Electricity and other public utilities grew by 8.6 percent in Q1 as against 4.3 percent last quarter. The Budget for 2019-20, he said, has announced Rs 100 lakh crore investment in infrastructure creation in the next five years which has the abilit...

Project Libra Launches Public Bug Bounty Testing Project Libra Launches Public Bug Bounty Testing

The Libra Association, backed by 28 companies including MasterCard, Visa, PayPal, eBay, Uber, Lyft, Farfetch and, of course, Facebook/Calibra, says it has built its Bug Bounty program as a "major effort to strengthen the security of our blockchain"...

Ripple CEO Drops the Hammer on XRP Fear, Uncertainty and Doubt Ripple CEO Drops the Hammer on XRP Fear, Uncertainty and Doubt

If you've been comparing the prices of cryptocurrency from 2017 to year to date, XRP cryptocurrency caught with a serious drop in recent times. Bitcoin and many other major altcoins have been able to put some distance between their 2018 lows and ...

Hudson’s Bay to sell Lord + Taylor for 100 million dollars Hudson’s Bay to sell Lord + Taylor for 100 million dollars

Le Tote will acquire the Lord + Taylor brand and related intellectual property, 38 stores and the retailer's digital channels and associated inventory. "They have an opportunity to single-handedly disrupt traditional department stores and physical...

Currency in circulation jumps 17% to Rs 21.10 trillion: RBI annual report Currency in circulation jumps 17% to Rs 21.10 trillion: RBI annual report

The RBI , in its report, also enumerated ways to improve the fraud risk management framework for banks. In terms of area of operations, frauds related to advances constituted the preponderant share of the total amount involved in frauds in 2018-19...

Saudi Aramco board sees too many risks for New York IPO Saudi Aramco board sees too many risks for New York IPO

Aramco advisers and officials are quoted as saying Tokyo is now emerging as the front-runner for the second stage. The US newspaper says Saudi Arabian Oil, also known as Aramco, is planning to split the world's largest initial public offering into ...

Mega bank merger? Sitharaman's meet with PSU chiefs sparks speculation

The successful integration and synergies seen from this merger emboldened the government to rollout what is perhaps the biggest consolidation drive in Indian banking history. She said that 14 out of 18 Public Sector Unit banks were running in profits...

Real GDP expanded (second estimate) 2% in Q2 as expected Real GDP expanded (second estimate) 2% in Q2 as expected

United States economic growth slowed in the second quarter, the Government confirmed on Thursday, but the strongest consumer spending in 4-1/2 years amid a solid labor market threw cold water on financial market expectations of a recession.

USA crude rises 1.7% on big inventory draw, hurricane fears USA crude rises 1.7% on big inventory draw, hurricane fears

Oil prices were on the march on Wednesday after industry data showing a fall in stockpiles of U.S. crude somewhat eased worries about subdued demand due to the China-U.S. local time, after earlier falling as much as 35 cents. The contract is still s...

Suzuki is Toyota's latest alliance partner Suzuki is Toyota's latest alliance partner

In addition, Toyota and Suzuki have agreed to collaborate on the development of a C-segment SUV for India, with Toyota taking on production of the Suzuki Vitara Brezza for that market. and truck and bus producer Hino Motors Ltd. Suzuki sold 3.33 mill...

Bell Flies Autonomous Pod Transport Drone Bell Flies Autonomous Pod Transport Drone

The drone could also deliver supplies in emergencies. 70 unmanned aircraft system (UAS/drone) successfully completed its first autonomous flight on Monday at the company's testing site near Fort Worth, Texas. By the middle of next year, beyond visu...

U.S. yields extend rise after weak 7-year auction U.S. yields extend rise after weak 7-year auction

Futures nudged higher in Tokyo and Hong Kong, and dipped in Sydney. Earlier, the S&P 500 Index closed higher on below average volume, helped by a rally in energy shares. Italian stocks .FTMIB rose almost 2% and the country's government bonds also r...

BBOXX closes US$50 million funding round led by Mitsubishi BBOXX closes US$50 million funding round led by Mitsubishi

The cash injection will further enable the company's global expansion and fuel its mission to use technology to unlock potential and transform millions of lives worldwide. So far, BBOXX's efforts of offering pay-as-you-go (PAYG) solar energy usin...

Watch Fit India Movement Live Online Launched by PM Narendra Modi Watch Fit India Movement Live Online Launched by PM Narendra Modi

You can also catch all the latest updates on the Fit India Movement on BusinessToday.In and India Today. Private bodies like Confederation of Indian Industries (CII), Reliance Foundation, JSW Cement and JSW Paints, SE TransStadia Pvt Ltd, Tata Tr...

Bolivia: Blazes destroyed around around a million hectars of forest this year Bolivia: Blazes destroyed around around a million hectars of forest this year

More than 1.8 million acres in Bolivia have been burned, prompting President Evo Morales to suspend his re-election campaign on Sunday, according to the state-run Bolivian Information Agency (BIA). Late on Sunday, a group of protesters gathered out...

Windows 10 is under European Union investigation over fresh privacy issues Windows 10 is under European Union investigation over fresh privacy issues

Microsoft explains in a statement that it has already worked with the Dutch watchdog on improving privacy in Windows 10, and this new investigation is only another opportunity to further refine the operating system in this regard. As part of the Wind...

Apple is reportedly opening its own online store in India soon Apple is reportedly opening its own online store in India soon

The government has also allowed 100% FDI under automatic route for coal mining , activities including associated processing infrastructure. " Apple's exports in future will not just meet but far exceed the 30% local sourcing requirements multiple t...

ICRA fires MD and Group CEO Takkar ICRA fires MD and Group CEO Takkar

The move comes at a time when the rating agency is under a cloud following the IL&FS crisis. Sebi is now probing an allegation against Icra in May with regards to the rating practices and methodologies the company followed during Takkar's tenur...

Forgery crisis roils global gold industry Forgery crisis roils global gold industry

The fakes are hard to detect, making them an ideal fund-runner for narcotics dealers or warlords. Bars price at the very least $50 million stamped with the logos of Swiss refineries that didn't produce them have been recognized by all 4 of the nati...

Popeyes Totally Sells Out Of New Chicken Sandwich Popeyes Totally Sells Out Of New Chicken Sandwich

Chiefs wide receiver Demarcus Robinson seems to be a fan of chicken sandwiches in general, but he's been promoting this new sandwich since its arrival. Popeyes has been struggling to keep up with demand. . As of Tuesday it remained unclear when th...

Popeyes Reveals They’re Sold Out Of Their New Chicken Sandwich (For Now) Popeyes Reveals They’re Sold Out Of Their New Chicken Sandwich (For Now)

While the food listings have since been taken down, you can still get some pretty freakish memorabilia - $7.99 for a " sold out " sign anyone? North Carolina resident Jené Walker was stopping by a local Popeyes for lunch on August 26 when she n...

Whirlpool recalls glass cooktops due to burn, fire hazards Whirlpool recalls glass cooktops due to burn, fire hazards

A company is recalling more than 26,000 glass cooktops with touch controls after multiple incident reports. Glass cooktops starting by themselves and causing fires seems like something out of a futuristic horror movie. "Unit should be turned off ...

Former Google engineer charged with theft of autonomous car secrets Former Google engineer charged with theft of autonomous car secrets

San Francisco: A former Google engineer was hit with criminal charges on Tuesday alleging he stole trade secrets from the technology giant's self-driving auto project before he went to work at Uber . SEE ALSO: Uber fired Anthony Levandowski. ...

Tiffany Shares Slip on Weaker Sales Tiffany Shares Slip on Weaker Sales

Tiffany blamed the decline on lower operating margins and a higher effective income tax rate. In Europe, meanwhile, the decline was at 4 percent in both the second quarter and in the first half which was $116 million and $219 million respectively....

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